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Real-World Trade-In Values

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Comments

  • gtoddhgtoddh Member Posts: 10
    "$17,500 - TBF (to be financed~ approx)

                    Your are close, depending on the real deal figures .. even for an extra $10/$15 bucks a month don't loose the vehicle you want, you know what they say:

                         "the Lord hates a coward" ..

                      Good luck and DON'T forget to let me know .......

                              Terry.


    Terry,

    Thanks for the info.

    Dealer came at me with $12,4 for my trade and wouldn't budge on Taco price. Said $15,9 was special internet price and truck was normally selling for $16,9. Even after some back and forth, including me leaving and getting called back later by salesman, they still wouldn't move to where I needed to be.

    Their taxes and fees were considerably more than your estimate. Doc fee alone was $398. TBF was going to be $18,5, which is out of my range.

    It was a great truck with some nice extras such as the spray-in bed liner, bed extender, and tow hitch, but just too much $$.

    I'm still looking. The right deal is out there, I've just got to wait for it to appear.

    Thanks again,

    Todd
  • stickguystickguy Member Posts: 53,330
    Take the prices paid boards with at least a few grains of salt. Yes, someone may have stumbled upon the deal of the year (maybe needed one more unit moved to hit a bonus target or something), or they may have fudged slightly. The big wildcard though is, did they have a trade? If they undervalued the trade by 2K and showed the difference on the FX, it's a wash (but the buyer felt good)!

    As Terry likes to say, "the only difference is the difference".

    2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.

  • turboshadowturboshadow Member Posts: 338
    Are you going to buy a car this decade .?

                              Terry.

    ---------------------------------------------

    I think I will tomorrow, 03 Alero is first choice, 99 Intrigue the second choice.

    Along those lines.....I'm putting on my Nomex underwear and flameproof suit.

    Be kind, I love this car, but I AM a realist, so...

    91 Dodge Shadow ES
    Turbo 2.5/ 523 5-spd (strong running car, very strong engine, did 100 mile/day commute for the past year)
    Miles???? (odometer brokje at 91K, I'd guess 110K on it now)
    Crappy paint
    Interior fought gallantly against the Taliban, but the Taliban won
    AC dead
    Heat defunct
    PW (one of them works! luckily driver's side)
    PDL (works most of the time)
    Air bag indicator lit, but taped over (previous owner)

    I did plug two tires today and put 5 bucks of gas in it (should double the value)

    Turboshadow (who may soon have to get a new screen name)
  • lancerfixerlancerfixer Member Posts: 1,284
    I think what we have here is a vehicle like my wife's old Cavalier...of more use in its ore state. :-)
  • bowke28bowke28 Member Posts: 2,185
    and thats just to show some positive trade equity.
  • turboshadowturboshadow Member Posts: 338
    It's a two door, although I'm reeeeaaaaalllll sure that doesn't really matter.

    Turboshadow
  • jlawrence01jlawrence01 Member Posts: 1,757
    And you are getting rid of it?? Why???
  • SEVENPINSEVENPIN Member Posts: 10
    Terry or RRoyce:
    I'm thinking of buying a 2004 Ford F 150 Heritage 4x4 truck new from the dealer. It has 6 cylinders, LB, auto, A/C, CC, Tilt, and SRW. A dealer gave me a price of $18,100 includes taxes, destination charge and all rebates. Would this be a reasonable price?

                   You're response is appreciated
                   Sevenpin
  • bowke28bowke28 Member Posts: 2,185
    im a ford ddealer...is it a supercab or regular cab?
  • lancerfixerlancerfixer Member Posts: 1,284
    Actually, it ups the value of the car...two fewer broken power windows to worry about. :-)
  • crimson99crimson99 Member Posts: 2
    I am in the market for a new/used BMW 525iA. I came across a 2003 BMW 525iA on craigslist with the following features :

    - Sapphire Black metalic exterior
    - Black Leather interior
    - 7000 Miles
    - Premium package
    - Sports package
    - Xenon Headlamps
    - Wood Interior Trim
    - Rain Sensing Windshild Wipers
    - Trip Computer
    - Automatic 5-speed Transmission
    - Moon roof
    - Full transferable 4yr/50K warranty

    Price : $37K {I think I should be able to negotiate in the $36K range}

    Can you please comment on wheather this is a good/average deal? Anything I need to check on before proceeding with the purchase. The ad is posted by an individual and not a dealer. Also, this is a LEASED vehicle from a local BMW dealership and NOT a purchased/owned vehicle. Any pitfalls I should be aware of in buying a leased vehicle and NOT an owned vehicle?

    Also, I have been quoted a price of about $37K for a similar vehicle, with same options, about 8K miles from a local dealership. However this is a DEMO vehicle but the dealer is willing to throw in a 100K miles extended warranty valid till 2009.
    Does the extended warranty makes the demo vehicle more attractive?

    Any tips/pointers would be appreciated.

    thanks,
    p
  • rroyce10rroyce10 Member Posts: 9,332
    ....... I catch the posts from there from time to time .. I don't think any dealer is losing $2,000 a pop to move any vehicles .l.o.l. it just doesn't happen that way without some incentive to keep the cash buoyant and their not distressed merchandise and I'm not aware of any going on in the mid/east/south region ...

                  That being said, I have read how folks are buying Benz's for $5grand back, new TL's for $500 losers (can't keep them in stock) RX330's (probably the biggest year they will have) for a $1,500 loss, it goes on and on .. like someone had mentioned, you
    "Reeeally" have to take that info with a HUGE grain of salt .l.o.l..

                   Also keep in mind the 2 biggest things that folks lie about is: what they pay for their homes - and what they pay for their vehicles ... my own friggin' neighbors lie to me about their Aunts purchase on her 04 Camry XLE, they told me the dealer took a $1,500 loss in Pittsburg and gave them Retail $$ for her 97 V6 Camry XLE with 65k (nice car, I have seen it) so when she got here, I said: "let's look at the paper work" ..

                 He traded her for a $20,000 *difference* .l.o.l. let's see here: MSRP was just a tinge over $25,0 ~ her car was worth $5 big ones and the dealer kept the $500 kicker, hmm this is a tuff one, so the dealer made $3 large on her ~ God bless him ... but if you ask them, they will ALWAYS say: the dealer lost $1,500 just to get her business (no matter what the contract says) there probably posting on Edmund's as we speak ................ ;)

                                 Terry.
  • SEVENPINSEVENPIN Member Posts: 10
    bowke28: It's a regular cab.

             You're reply is appreciated
             SEVENPIN
  • scottbishopscottbishop Member Posts: 4
    Terry,

    Thanks... actually that was better than I thought (I owe 11K and thought I was going to be upside down).

    I actually went ahead and ordered the boat (2004 Four Winns 22' Horizon). I have no patience and need to do something other than just drive the truck ;).

    Still not sure if I should just payoff the truck and see if she lasts to 200K miles or start fresh.
  • bowke28bowke28 Member Posts: 2,185
    go get it. dont wait till 2005 when the heritage is gone. get it NOW!

    ill put it this way...you can only do better if you are a ford employee.
  • crimson99crimson99 Member Posts: 2
    I am in the market for a new/used BMW 525iA. I came across a 2003 BMW 525iA on craigslist with the following features :

    - Sapphire Black metalic exterior
    - Black Leather interior
    - 7000 Miles
    - Premium package
    - Sports package
    - Xenon Headlamps
    - Wood Interior Trim
    - Rain Sensing Windshild Wipers
    - Trip Computer
    - Automatic 5-speed Transmission
    - Moon roof
    - Full transferable 4yr/50K warranty

    Price : $37K {I think I should be able to negotiate in the $36K range}

    Can you please comment on wheather this is a good/average deal? Anything I need to check on before proceeding with the purchase. The ad is posted by an individual and not a dealer. Also, this is a LEASED vehicle from a local BMW dealership and NOT a purchased/owned vehicle. Any pitfalls I should be aware of in buying a leased vehicle and NOT an owned vehicle?

    Also, I have been quoted a price of about $37K for a similar vehicle, with same options, about 8K miles from a local dealership. However this is a DEMO vehicle but the dealer is willing to throw in a 100K miles extended warranty valid till 2009.
    Does the extended warranty makes the demo vehicle more attractive?

    Any tips/pointers would be appreciated.

    thanks,
    p
  • fliguyfliguy Member Posts: 1
    I own a 1997 Honda Accord SE. 164,000 miles, but runs strong. The car is a standard Special Edition Accord. It does have some scraps on the front bumper from a minor accident. I am getting ready to sell the car and i was wondering what you thought it might be worth.
  • $c-money$$c-money$ Member Posts: 2
    i've been researching on how to buy a new car, but i dont know everything. My brother is going to finance with good(not the best)credit for me and he's not putting anything down.

    Would someone tell me how to get a new mazda3 s at invoice or less?

    THANKS,
    CHRIS
  • midthirtykevmidthirtykev Member Posts: 5
    I am interested in buying an SUV/minivan in the US and export it to Canada. Ideally I would like a digital speedometer/odometer that can switch between miles and kilometers. All suggestions are welcome.
    Thanks.
  • jsergejserge Member Posts: 2
    Hi,

    Could you please advise on trade-in value on:

    - Mitsubishi 3000GT 2Dr STD Hatchback
    - Mileage 108000
    - Condition - Good

    Location - VA, Reston
    Year - 1997
    Color - Black
    Transmission - manual
    Options - standard equipment (no leather)
    Dents, dings, scratches, curbed wheels outside - none
    Rips, tears, stains, etc. inside - normal wear
    Any bodywork that was done - three years ago was small accident, they replaced right front panel.
    Running condition - runs very well
    Condition of tires - replaced recently
    Clutcher - replaced two months ago
    Brakes - replaced two month ago

    The Edmunds shows about $5,400 as tradein value. Some dealers say $3,500 (without even looking). I am confused with such big difference.

    Help! Thanks!
  • butchbr73butchbr73 Member Posts: 325
    well, c-$$$, not sound like a smarta**, but the easiest way to find out, head down to your local Mazda dealer. Second, find a salesman, express your interest level in purchasing a 3 etc..etc.. and make an offer. If you feel below invoice is a reasonable offer (I'll leave that up to you to decide), offer it to them.. I have a feeling you'll have your answer quickly... :)
  • robr2robr2 Member Posts: 8,805
    Terry - I'm just the messenger here. I'm looking at Sunday's Boston Globe. Herb Chambers Infiniti has in one of his mulitple page full color ads:

    2004 FX35 AWD Touring Package, Roof, Leather, 6CD, Roof rails and crossbars

    MSRP $39,495 - $5,000 off - Buy for $33,995 with 2 stock numbers.

    No catch I can see other than disclaimer: "All advertised vehicles must be paid in full same day" and their simple math skills are absolutly atrocious!!

    Chambers is huge but I'm sure you know that. They could be blowing out a few as a loss leader to drive in some buyers.
  • spatulamanspatulaman Member Posts: 157
    Would someone tell me how to get a new mazda3 s at invoice or less?

    Find somebody in the family who has a Mazda so you can get the owner loyalty $500 off. Find a coupon for $250 off a 3....they were giving them out at RevItUp events, you can find 'em on eBay for a couple bucks. If you can get them at or near invoice, then the above should get you under invoice. Shouldn't be too hard...its not like they're going to limit production to 500 units.

    I'm actually looking at pitching my Audi TT, and getting a Mazda 3 hatch....I can get all the stuff I want (Nav, Xenons, Leather, and a manual trans) in a cute little hatchback, and I'll actually be able to fit some stuff in it....all at a damn good price. I just wish it had a turbo 4 or a V6 available. Of course I haven't driven on either, so I may decide otherwise.
  • tahoelovertahoelover Member Posts: 2
    Any advice on this? I have my new car picked out, but would like to find out fair trade in value!
    Thanks!

    ****Hi, I am looking at trading in my Tahoe on a new one. I am trying to get an idea of the value of it. Here are the details:
    2002 Tahoe LT
    Black, No 3rd Seat, Cargo Doors, SunRoof, 32K miles. It is not 4WD.
    I currently owe about $22K on it.
    Those are all the details I can think of!
    Thanks for the help!

    **********
  • rroyce10rroyce10 Member Posts: 9,332
    ...... ** 91 Dodge Shadow ES **

                How much over $100 bucks were you thinkin' ..? .. the miles are TMU, it's a handshaker and it's a Dough Je' Shadow ~ wow set's my heart a pounding ...

                              Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ...... I was referring to some of the posts from the Edmunds "what did you pay" section, not all of the posters are nutty there, but If I get some time I'll give the boys at big Herb's place a call ......

                               Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ........ Your welcome and good luck ...!

                              Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ..... Your welcome, thanks for giving me the update .......

                             Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    I am in the market for a new/used BMW 525iA. I came across a 2003 BMW 525iA on craigslist with the following features :
    - Sapphire Black metalic exterior
    - Black Leather interior
    - 7000 Miles
    - Premium package
    - Sports package
    - Xenon Headlamps
    - Wood Interior Trim
    - Rain Sensing Windshild Wipers
    - Trip Computer
    - Automatic 5-speed Transmission
    - Moon roof
    - Full transferable 4yr/50K warranty
    Price : $37K {I think I should be able to negotiate in the $36K range}
    can you please comment on whether this is a good/average deal? Anything I need to check on before proceeding with the purchase. The ad is posted by an individual and not a dealer. Also, this is a LEASED vehicle from a local BMW dealership and NOT a purchased/owned vehicle. Any pitfalls I should be aware of in buying a leased vehicle and NOT an owned vehicle?
    Also, I have been quoted a price of about $37K for a similar vehicle, with same options, about 8K miles from a local dealership. However this is a DEMO vehicle but the dealer is willing to throw in a 100K miles extended warranty valid till 2009.
    Does the extended warranty makes the demo vehicle more attractive?
    Any tips
    ================================

                   Great description - thanks ...

                Leased, owned.? it's all the same .. good people take good care of their vehicles, bad people take bad care of their vehicles .. It really depends on the driver and the vehicle, I was at one of the largest BMW auctions in the country last week, probably 375/400 Bimmers - all, 01 02 03 04's and most were leased and most were like new .....

                      But anyway, these are doing in and around the $34ish range with short miles at the block, so $36,0 sounds fair on the private side ... on the dealer side, check and see if it's a "demo" - meaning: has it been titled.? I have a feeling it might be "off lease" or traded or auction, which is fine, you just don't see too many 8k demo 525's rolling around the streets .l.o.l.. but yes, if your going to keep that puppy or pile up the miles then a CPO can be a BIG help and it's worth the extra $$.

                  Remember, it's a Bimmer not a Buick and everything costs lotsa money ......... ;-)

                                 Terry.
  • bmdnaomibmdnaomi Member Posts: 2
    What can I expect to get for a trade-in on a '96 2 door, 2 wheel drive black Chevy Blazer with 82,100 miles on it? One owner, no smoking, one little repaired fender bender, regularly maintained.
  • rroyce10rroyce10 Member Posts: 9,332
    INFO ..........................!!

    Is it a Base .....................?

    LS ......................................??

    LT ...........................................??

      Auto ----- Stick .......??????

               Area of the country ...???

                      Color/condition .....?

    Rust/tires/when was the last time you visited Maaco ....?

                Your Flat Killing me ....!!!!!!

                             Terry :(
  • rroyce10rroyce10 Member Posts: 9,332
    ....... Nice boat, I knew the dad before he passed away and they sold the company .... what size motor, Volvo or Mercruiser .....?

                                Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ......... Sounds like a good price too me, considering the 03 XLT's are doing that kind of $$ .....

                              Terry.
  • rroyce10rroyce10 Member Posts: 9,332
    ............ Lotsa miles going on here .. but if you have most of the service records and your deep in rubber and "IF" it's clean with cold breeze and you haven't had the paint by numbers routine .. then $3,900 *asking* and off it goes for the first $2,9/$3,5 .....

                             Terry.
  • mikefm58mikefm58 Member Posts: 2,882
    Well stated Mathias and reflects my recent experiences. I was looking for a 99-00 Tacoma for my son, but heck, even a bargain is going for 11.5-12K. I've switched my efforts to a new Tacoma Prerunner Xtracab, which I've received a quote from a salesman for $16750 plus tax, tag, title and $700 dealer fee. I don't recall the options, but it sounds like a good price. Also, I might be able to find a Crewcab from an individual (on a tight budget here).
  • castanoncastanon Member Posts: 3
    2003, Toyota Tacoma Prerunner Double Cab, SR5, Dark Green, miles 9950, A/C, auto., pw doors, pw windows, cruise control, compact disc player, tow hitch, bed liner, nerf bars, tinted glass, like new. What do you think it's worth and how much should I pay for a Ford F-150 supercab XLT 1999-2001 with less than 60,000 miles. Thanks, AL
  • driftracerdriftracer Member Posts: 2,448
    is either truck four wheel drive, or are they both 2wd?
  • rroyce10rroyce10 Member Posts: 9,332
    ............ GREAT description - Thanks.!

               Base (not SL, right.?) .. sounds like the dealers are about right at $3,5 .. it may be worth the high $3's, *maybe* the low low low low $4's .. with a vehicle like this, most dealers really don't have a home for it, so they don't and won't put stiff money in it ..

                   Me personally, I would have that bad boy cleaned and detailed, finish any service on it and put a Great Ad in the paper and maybe even drop it at your buddys house that's living at the busy corner of the city for some eyeball appeal, these still do pretty good money on the retail side IF they are nice and clean ... $6,900 *asking* and off it goes for $5,5/$6,5 ~ spring has sprung up north and I bet it won't last long ............ :)

                     let me know what happens ..!

                                 Terry.
  • robr2robr2 Member Posts: 8,805
    I was referring to some of the posts from the Edmunds "what did you pay" section, not all of the posters are nutty there...

    I figured that but since the Sunday paper was right there, thought I'd toss out the numbers.
  • castanoncastanon Member Posts: 3
    2wd
  • tskinnertskinner Member Posts: 2
    I'm looking for a trade-in value approximation for a 2002 Trans AM w/ WS6 Option. It's White in color (black interior),6sp(hurst shift),leather,t-tops, basically all available options except the CD-Changer. The car is in excellent shape, only 4,2xx miles...garage kept, hasn't seen rain or snow. I live in the north east (CT)...not sure if this matters or not. What can I expect here?
    Looking at various guides, it appears to be somewhere around $21,000...high, low, average?
    Any sort of help would be appreciated.
    Thanks, Tim
  • mjfloyd1mjfloyd1 Member Posts: 3,806
    I had actually visited their web site and it has a link to their newspaper advertisement with the prices that you list. I can't figure out how they can do that. It seems that it would be cheaper to buy one from boston and ship it here (even with the shipping cost I bet it would still be $1200+ less.)

    Mark
  • jwatsjwats Member Posts: 72
    Terry:

    Thanks again for your help. I ended up paying $16,000--The car is exceptional, tires are brand new, there was not another red 6 speed within a thousand miles and I feel great about the transaction. Maybe I left a few $ on the table, maybe not, but I do not have the desire to see if I can get the the absolute lowest rock bottom price--the deal ought to be good for both parties.

    I amazed at how market forces work. My Lexus was truly gorgeous and worth about the same as my higher mileage '99 Subaru wagon ( 99,000 vs. 104,000)--The Subaru depreciated only $13,000 over nearly 6 years and 104,000 miles!

    I would have driven the Lexus another 100,000 but was not smart enough to realize when I bought it how limited a rear wheel drive car is in snowy north--6-7 months.

    Thanks again
    John
  • castanoncastanon Member Posts: 3
    2003 Tacoma Prerunner SR5 2WD, Crew Cab, 9950 miles, a/c, pw windows, pw mirrors, disc player, 4 cyc., tinted glass, cruise control, towing pk, bed liner. What should I pay for a Ford F-150 SuperCab XLT 2wd, auto.
  • lancerfixerlancerfixer Member Posts: 1,284
    ...just further proof that you shouldn't believe a single word printed in the Globe. ;-)
  • bmdnaomibmdnaomi Member Posts: 2
    LS...Toledo, OH.....auto....black...very clean....good condition...well maintained...no rust....tires less than 3 years old
  • dweller1dweller1 Member Posts: 39
    TERRY, Real world totaled mustang values by dweller1 May 10, 2004 (7:55 pm)
    HELP: 1) My 17 year old son wasnt hurt, the other 2 people in the other car were taken to the hospital as a precaution, but seemed to be reasonably ok( I pray they are only scraped up)
    2) The accident was the other guys fault, but our 1997 Mustang convertible was totaled. 82000 miles on clock,tires with 50 % remaining. V6, automatic, dark red with tan top, in the land of Mike Vick, of course. Paint on car was average for a 1997 , top didnt leak and the interior was slightly invaded by chick fil-a(no rips but kinda dirty }. What should I reasonably expect from their insurance company, as I see comparable cars in the 6500-7500 price range from private parties. thanks ....dweller

     
    JUst letting you know what happened with the wreck.
    The Insurance co offered $6930 for the car , sales tax, and tag tranfer fee. I took it...........Dweller
  • jwatsjwats Member Posts: 72
    Terry:

    Thanks again for your help. I ended up paying $16,000--The car is exceptional, tires are brand new, there was not another red 6 speed within a thousand miles and I feel great about the transaction. Maybe I left a few $ on the table, maybe not, but I do not have the desire to see if I can get the the absolute lowest rock bottom price--the deal ought to be good for both parties.

    I amazed at how market forces work. My Lexus was truly gorgeous and worth about the same as my higher mileage '99 Subaru wagon ( 99,000 vs. 104,000)--The Subaru depreciated only $13,000 over nearly 6 years and 104,000 miles!

    I would have driven the Lexus another 100,000 but was not smart enough to realize when I bought it how limited a rear wheel drive car is in snowy north--6-7 months.

    Thanks again
    John
  • mpp2mpp2 Member Posts: 97
    as a long time lurker and occasional poster, I say congats on your deal. Your post looks remarkably similar as mine several months ago when I bought my '03 TL type s w/ nav with Terry's very generous advice. It was the only one within 100 miles of my home and I wasn't intersted in losing it over a couple hundred dollars.

    The bottom line is, when you find a cherry vehicle, especially one that is hard to find and is exactly what you want, you have to step up and make the deal. It looks to me like you got a great deal, especially because you're comfortable with it.

    P.S. if your CL handles like my TL, then you should be OK, as we had a a particularly snowy winter here in NY. (BUt not as bad as Minnesota, I'm sure).
  • robr2robr2 Member Posts: 8,805
    ...just further proof that you shouldn't believe a single word printed in the Globe. ;-)

    But the Herald is good for a few laughs - essentially now the New York Post Lite!!
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